Yes, your son is not required to take ownership of the timeshare. I recommend speaking with a local attorney on how to do this.

It depends on the contract, but they almost never will even if it is an option for them. Rather, they'll foreclose and take the timeshare back into their inventory should you fall behind on maintenance fees. I recommend reaching out to the timeshare company and offering to deed or return the... View More

I've helped with a few of these. Here are some ideas to discuss with your attorney. First, your attorney should speak with their legal department. They can usually take care of these things fairly quickly. Second, if the timeshare company continues to drag their feet with this, you can dispute... View More

I agree that this is likely a scam. Please let me know if have questions or would like to chat.

Typically, the remedies in foreclosure are limited to taking the property back. However, I'd recommend reaching out to an attorney. Where is the timeshare located?

I'd be happy to review this for you. But I'll tell you that very few of these are legit. If they are offering to pay you substantial money for a timeshare in Mexico, it's probably a scam. Don't wire or send any money until you have an attorney review the agreement.

I've had run-ins with this same company. I found that it is not a legitimate company and doesn't even exist other than virtually. Please shoot me an email or give me a call if you'd like more information. I'm teaching much of the day today, but will get back to you as soon as possible.

You don't have to. It would probably be a good idea to speak with a timeshare attorney if you're looking for some advice.

A contract must be signed by the party against whom enforcement is sought. If you never signed the contract, you have an argument that you never agreed to the terms of the offer. The timeshare company, however, may have arguments that you did agree (i.e., making payments after closing). I'd... View More

I would need more information to give an answer. I've worked with most timeshare companies, but I'm not entirely sure what happened. It's possible there's a breach of contract claim, but that would largely depend on the agreement and additional facts I don't have. Feel free... View More

This probably requires some negotiation, either by your or your attorney. I don't know that they're contractually or legally obligated to do so, but it might be worth having an attorney review the documents you have.

Usually, the timeshare company is required to give you a copy on the day of signing. If they didn't, you may have an argument that your rescission period doesn't start until you receive a copy. It may be worth the time to chat with an attorney to review the documents for you.

In many states, property acquired during marriage is part of the marital estate. I recommend that you find a local attorney to review your specific case.

I don't know if Maryland law requires this, but these transactions are usually governed by the law where the sale takes place. For example, if you purchase a timeshare in Florida, you're not required to take a tour of the resort. However, the state of your residence may dictate that the... View More

I'm sorry that you're in this position. From what you've stated, it sounds like the timeshare company has breached some of their obligations under the contract. I would definitely recommend speaking with an attorney familiar with timeshares. If you and your attorney need any... View More

I have some clients in a similar situation. They hired me because I'm a Florida attorney, but Wyndham is doing this same thing with everyone. You may be able dispute the negative credit reporting, but that's something you'll want to discuss with your attorney. If you and your... View More

This may be true. To work through this, I'd have to review the terms of your purchase agreement.

Timeshares in Mexico give you a 50-day rescission period, so you're likely too late to use that route. You may still be able to get out of the contract, but you no longer have the easiest route to a refund/cancellation. When I've helped clients in similar situations, some have mentioned... View More

I don't believe it is; I've seen a number of SC deeds and don't remember seeing names of attorneys that prepared them). I'm curious why you have this question. Are you looking to void your purchase? If so, you're likely outside the rescission period, but may have other options.

Whether it will hold up in court depends on a number of factors, but I'm guessing that you really don't want to go to court to have to argue that it was a binding agreement. In the alternative, I'd recommending working it out with the resort on the front end to avoid penalties or... View More